# The Friendly Societies (Insurance Business) Regulations 1993, Regulation 27: Unit trusts


The value of any holding of units, or other beneficial interests, under an authorised unit trust scheme within the meaning of the Financial Services Act 1986 shall be the price at which the managers under the unit trust scheme would purchase the holding of units or other beneficial interest if required to do so.

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Source: https://www.legislation.gov.uk/uksi/1993/98/regulation/27 (the official version)
Page: https://openlegislation.uk/friendly-societies-insurance-business-regulations-1993/regulation-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.